Daily Archives: Tuesday, 21 August, 2012

Iran looks to Armenia to skirt bank sanctions

Iran looks to Armenia to skirt bank sanctions

With international sanctions squeezing Iran, the Islamic Republic is seeking to expand its banking foothold in the Caucasus nation of Armenia to make up for difficulties in countries it used to rely on to do business, according to diplomats and documents. Iran’s growing interest in its neighbor Armenia, a mountainous, landlocked country of about 3.3 […]

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